ETHUSD Dominant Trend: Bullish
Supply Levels: $380, $390, $400
Demand Levels: $280, $270, $260
The Ethereum bull race is strengthened as the coin trades above $330 within a day. Ethereum could surpass $350 earlier than expected. The record performance of Ethereum becomes a pleasure to watch while the coin is taking off. The last five days have been marked by many exciting moments in which ETH has exceeded $300, exceeding $310 and now traded above $330. The day is not far when the ETH will negotiate over $350 and it will move towards the $400 at full speed. The current market performance suggests an exceptional pace of ETH and a bright future for the coin holders as of today. As on June 26, 2019, at 11:01:19 UTC, the ETH was trading at $334.74 and peaked at $337.74 on the day. The day started at $316.87, and the coin quickly accelerated to more than $330 and even $350, but by the end of yesterday, the price reached $364 but later returned to $308.52.
In addition, the ETH token is currently quoted at $340 and is increasing as observed on June 27, 2019, at 01:03:30 UTC. The month of June was a record for ETH as the coin went from $271 at the beginning of the month to a current value of $340 and continues to grow. It’s been a long time since ETH had such a spectacular performance for a long time and it thrived. This will improve as the coin moves towards $380 soon. Ethereum could cross $350 by the end of the week and head towards its next target of $400, which can be achieved in the next month if the current pace continues. The price is well above the 55-day moving average closest to the upper limit of the Bollinger Bands. The closest supply levels are $380, $390 and $400, while the demand levels to be monitored are $280, $290 and $300, respectively. The RSI (14) is still above level 60.